Acquiring, building & managing real estate on behalf of ¹ÏÉñÍø
Established in 1995, the ¹ÏÉñÍø Real Estate Foundation has been developing much of the area in Monarch Way, a 75-acre mixed use development that includes retail, student apartments, and office buildings.
In addition, the Foundation acquires, builds and manages real estate on behalf of the University. The results of its work are visible to all in the form of the University Apartments, restaurants, shops, the Innovation Research Park, The President's House, Marriott SpringHill Suites Hotel, the University Bookstore, Baron & Ellin Gordon Art Galleries, and the Barry Art Museum. View highlights of our properties below:
Real Estate Foundation Portfolio

Barry Art Museum

¹ÏÉñÍø President's House

Innovation Research Park I & II

Springhill Suites ¹ÏÉñÍø

Virginia Beach Higher Education Center

University Bookstore

Monarch Way Apartments & Retail
45th Street Garage

¹ÏÉñÍø Facilities Management Warehouse

¹ÏÉñÍø Institute for Coastal Adaptation & Resilience

¹ÏÉñÍø Facilities Management Storage Facility

¹ÏÉñÍø Wet Lab & Colley Avenue Printers

Office of Governmental Relations

¹ÏÉñÍø Institute for Innovation & Entrepreneurship

Nusbaum Apartments

49th Street Vacant Lots

Monarch Way Mixed Use Development

¹ÏÉñÍø Facilities Management Recycling Center

¹ÏÉñÍø Facilities Management Storage Lot
Barry Art Museum
¹ÏÉñÍø President's House
Innovation Research Park I & II
Springhill Suites ¹ÏÉñÍø
Virginia Beach Higher Education Center
University Bookstore
Monarch Way Apartments & Retail
45th Street Garage
¹ÏÉñÍø Facilities Management Warehouse
¹ÏÉñÍø Institute for Coastal Adaptation & Resilience
¹ÏÉñÍø Facilities Management Storage Facility
¹ÏÉñÍø Wet Lab & Colley Avenue Printers
Office of Governmental Relations
¹ÏÉñÍø Institute for Innovation & Entrepreneurship
Nusbaum Apartments
49th Street Vacant Lots
Monarch Way Mixed Use Development
¹ÏÉñÍø Facilities Management Recycling Center
¹ÏÉñÍø Facilities Management Storage Lot
Discover Monarch Way
Monarch Way provides indoor and outdoor dining with an eclectic collection of restaurants and casual dining establishments.
Trustees
Lisa F. Chandler ’76, Chairperson
Teresa C. Peters, Vice Chairperson
Joseph A. Lowery ’05, Secretary/Treasurer
Jared Chalk
Miles B. Leon
Kenneth E. Rodman, Jr. P.E. ’88
Karen Shaffer ‘97
Jeremy R. Starkey
Deborah K. Stearns ’80
Nathaniel P. Tyler
Steven C. Wright
Ex Officio
Chad A. Reed, VP for Administration & Finance
Directors Emeriti
George Consolve '67
Robert L. Dewey
BOV Representative
Larry Hill
Staff
Tara Saunders ’85, ’92, Executive Director
Mike LaRock ’85, Assistant VP of Foundations
Cindy Gall ’09, Foundation Board Administration Coordinator
Debra Howard ’95, '18, Property Manager
Kim Ross ’93, CFO & Director of Accounting